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84750 Idrovia Court, Indio, CA 92203
$1,495,000
Property Type:
Residential
Bedrooms:
4
Baths:
3
Square Footage:
3,142
Status:
Active
Current Price:
$1,495,000
List Date:
4/01/2024
Last Modified:
5/20/2024
Description
Calling all savvy investors! This 3142 square foot property in Terra Lago is a lucrative investment waiting to be seized. With 4 br and 3 ba, plus an additional versatile futon room that can easily serve as a 5th br for your short-term rental, this property is primed for maximizing rental income and ROI. Renovated with approximately $100k in new furnishings, including the upgrade to luxurious vinyl plank flooring and a top-of-the-line pool heater, putting green, and game room this home is designed to impress both guests and investors alike. The short-term rental approval and active rental history ensure immediate income generation, making it a turnkey investment opportunity for those seeking to capitalize on the thriving vacation rental market. But that's not all! What truly sets this property apart is its standout feature: the $150,000 Teserra saltwater pool and spa, which is not only the largest pool in Terra Lago but also situated on the largest lot in the community. This enticing amenity is sure to attract guests seeking a luxurious and indulgent retreat, further enhancing the property's rental appeal and income potential. Situated on a sprawling half-acre lot at the end of a court, privacy and tranquility are guaranteed, enhancing the appeal to potential renters and ensuring high occupancy rates throughout the year. With a 3-car garage and a driveway accommodating 10+ cars, parking convenience is never a concern, adding another layer of desirability for renters.
More Information MLS# 219109321
Listing, Location and Property Info
APN: 696140021
Status: Active
Entry Date: 2024-04-01
Listing Date: 2024-04-01
Original List Price: 1495000
List Price: $1,495,000
Current Price: $1,495,000
Land Type: Fee
Property Sub-Type: Single Family Residence
Street #: 84750
Street Name: Idrovia
Street Suffix: Court
County: Riverside
State: CA
Zip Code: 92203
Area: 309 - Indio North of I-10
Subdivision: Terra Lago
Country: US
General Property Information
Total Bedrooms: 4
Full Baths: 2
3/4 Baths: 1
Approx SqFt: 3142
Total Baths: 3
SqFt Source: Assessor
Fireplace: Yes
Total Fireplaces: 1
Pool: Yes
Garage: Yes
Garage Description: Attached
Sprinklers: Yes
Building # of Stories: 1
Lot Size: 20473
Lot Size Source: Assessor
Year Built: 2005
Furnished: Furnished
Cross Streets: Spiaggia Pl
Listing Info
Short Term Rentals: Yes
Will Consider Lease: No
Tax Info
Tax Mello Roos: Yes
Property Info
Golf Course Within Development: No
Senior Community: No
Gated Community: Yes
PUD Y/N: Yes
Total Monthly Association Fees: 285
Status Change Info
Status Change Date: 2024-04-01
Parking Spaces/Information
Total Uncovered/Assigned Spaces: 4
Total Garage Spaces: 3
Total Parking Spaces: 7
HOA Information
HOA: Yes
HOA Fee 1: 285
DPR
DPR Eligible: No
Property Features
Sale Type: Standard
Listing Terms: Cash; Conventional; FHA; Other
View Type: Mountain(s)
Irrigation: Sprinkler System
Disclosures: CC & R; Home Warranty Plan; Homeowners Association
Levels: Ground; One
Appliances: Dishwasher; Dryer; Refrigerator; Self Cleaning Oven; Washer; Water Purifier
Kitchen Features: Granite Counters; Island
Eating Areas: Formal Dining Room; Kitchen Island; Living/Dining Combo
Bedroom Features: All Bedrooms Down
Bathroom Features: Double Vanity(s); Shower & Tub; Shower Over Tub; Tile Shower
Flooring: Tile; Vinyl
Cooling Type: Ceiling Fan(s); Central Air
Pool Location: Private
Pool Construction: In Ground
Pool Description: In Ground
Spa/Hot Tub Construction: In Ground
Spa/Hot Tub Description: Private
Heating: Central; Fireplace(s)
Fireplace Location: Living Room
Fireplace Features: Gas & Wood
Rooms: Dining Room; Family Room; Living Room
Laundry: Individual Room
Security Safety: 24 Hour Security; Gated Community; Security System Leased
Sewer: In, Connected and Paid
Parking: Driveway
Association 1 Frequency: Monthly
Association Amenities: Controlled Access
Land Lease Type: Fee Simple
Listing Office: HomeSmart
Listing Agent: Angela Maciel-Gibbons
Last Updated: May - 20 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.